- No official acknowledgment of a 67% TVL crash.
- Sonic remains among top L1 blockchains.
- Market impacts reflect general DeFi trends.
Sonic, a high-throughput EVM-compatible Layer-1 blockchain, experienced notable volatility in TVL and token price since May 2025, contrary to reports of a dramatic 67% decline.
This situation highlights market-driven fluctuations affecting even top-ranked blockchains, with implications for Sonic’s ecosystem resilience amid DeFi outflows.
Earlier reports suggested a 67% drop in Sonic’s TVL since May, yet primary data indicate a moderate decline and stabilization rather than a crash. Sonic remains a top-tier Layer-1 blockchain by TVL despite market volatility. Sonic remains among the top L1 blockchains by TVL, indicating strong market confidence even amid price volatility.
Sonic’s core team and major backers like Galaxy Digital have not reported drastic changes. No public statements verify a massive TVL loss, while Sonic continues to operate several strategic integrations and ecosystem expansions.
The immediate economic effects demonstrated resilience with a ~50–65% TVL drawdown from its $1 billion peak. This reflects broad DeFi outflows rather than isolated internal issues within Sonic’s ecosystem. Alex Johnson, Senior Analyst at CryptoRank.io, said, “Sonic’s ecosystem is evolving rapidly and we anticipate it continuing to attract TVL despite current market pressures.” source
Sonic’s SONIC token price declined to $0.33-$0.35 but shows consolidation. The DeFi market fluctuations mirror broader market conditions, without specific red flags on Sonic’s financial stability.
Sonic maintains a stable position with active developer engagement. No significant adverse regulatory or institutional actions have influenced Sonic, affirming its current strategic endeavors and market assessments.
Historical data show similar TVL contractions during prior DeFi cycles, emphasizing sector-wide patterns. Sonic’s sustained investment and infrastructure upgrades suggest potential robustness against ongoing high market volatility.
